First and Final Dividend

AIRASIA BERHAD

EX-date

16/06/2011

Entitlement date

20/06/2011

Entitlement time

05:00:00 PM

Entitlement subject

First and Final Dividend

Entitlement description

(i) Gross Dividend of 9.1% per ordinary share of RM0.10 less Malaysian Income Tax at 25%;
(ii) Tax Exempt Dividend of 0.2% per ordinary share of RM0.10; and
(iii) Single Tier Dividend of 20.7% per ordinary share of RM0.10.
(which in total amounted to 30% or 3 sen per ordinary share of RM0.10)

Period of interest payment

to

Financial Year End

31/12/2010

Share transfer book & register of members will be

toclosed from (both dates inclusive) for the purpose of determining the entitlements

a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers

20/06/2011

b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit

c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.

Number of new shares/securities issued (units) (If applicable)

Entitlement indicator

Percentage

Entitlement in percentage (%)

30

Remarks :

The payment of this First and Final Dividend of 30% or 3 sen per ordinary share of RM0.10 as described above is subject to the shareholders' approval at the forthcoming annual general meeting of AirAsia Berhad.